EUR/USD Forecast February 29, 2016, Technical Analysis

by FX Empire | February 27, 2016 7:10 am
The EUR/USD pair fell rather significantly during the course of the session on Friday, breaking below the bottom of a couple of hammers. With this, the market should then reach down to the 1.08 level given enough...

AUD/USD Forecast February 29, 2016, Technical Analysis

by FX Empire | February 27, 2016 7:09 am
The AUD/USD pair formed a massive bearish candle during the day on Friday, and as far as the week is concerned we ended up forming a shooting star. That being the case, if we break down below...

USD/JPY Forecast February 26, 2016, Technical Analysis

by FX Empire | February 26, 2016 6:28 am
The USD/JPY pair fell initially during the course of the session on Thursday, but turned back around and form a bit of a hammer. That hammer should suggests that the market could reach all the way up...

USD/CAD Forecast February 26, 2016, Technical Analysis

by FX Empire | February 26, 2016 6:27 am
The USD/CAD pair fell rather significantly during the course of the day on Thursday, breaking all the way down towards the 1.35 handle. This is an area where we would anticipate a bit of support to focus....

GBP/USD Forecast February 26, 2016, Technical Analysis

by FX Empire | February 26, 2016 6:27 am
The GBP/USD pair went back and forth during the course of the day on Thursday, bouncing around underneath the 1.40 level. With that, the market looks likely to continue to struggle, as the United Kingdom should make...

EUR/USD Forecast February 26, 2016, Technical Analysis

by FX Empire | February 26, 2016 6:26 am
The EUR/USD pair fell initially during the course of the session on Thursday, but turned back around to form a hammer yet again. We have done this for the last three days, and that of course is...

AUD/USD Forecast February 26, 2016, Technical Analysis

by FX Empire | February 26, 2016 6:25 am
The AUD/USD pair broke higher during the course of the session on Thursday, but we still remain well below the previous uptrend line that we have been using as a resistance barrier. It’s not until we get...

GBPJPY Descending Trend Line (Feb 26, 2016)

by Kate Curtis | February 26, 2016 4:09 am
GBPJPY has been trending lower across multiple time frames, moving below a descending trend line on its 4-hour forex chart. Price is currently pulling up to the resistance area and might be ready to resume its drop...

USD/JPY Forecast February 25, 2016, Technical Analysis

by FX Empire | February 25, 2016 9:06 am
The USD/JPY pair went back and forth during the course of the day on Wednesday, as we ended up forming a fairly neutral candle. This neutral candle was towards the bottom of the recent action, so therefore...

USD/CAD Forecast February 25, 2016, Technical Analysis

by FX Empire | February 25, 2016 9:05 am
The USD/CAD pair initially tried to rally during the course of the day on Wednesday but turned back around. As we continue to consolidate, we cannot help but recognize that there could be a buying opportunity in...